Sunday, February 28, 2010

Technical Analysis - Balrampur Chini


Balrampur Chini (Rs 105.4): This stock is currently in strong medium-term correction, supports from which can bounce up over the ensuing months are Rs 99 and Rs 82. Investors can hold the stock as long as it holds above the second support. More of this stock can also be purchased on reversal from this level, with stop at Rs 80.

Source : BL

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